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THE SOUTHERN CREDIT UNION

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Public IRS 990 nonprofit record

THE SOUTHERN CREDIT UNION

EIN 58-0905515

What they do

AS A STATE-CHARTERED CREDIT UNION, WE PROVIDE THRIFT SAVINGS, LOANS and OTHER FINANCIAL SERVICES to OUR MEMBERS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$84.99spent for every $100 of revenueRevenue covered expenses this year.
$25.23in assets for every $1 spent this yearSome assets cannot be spent right away.
0.8%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,275,779 for RAY HULL (CEO/TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$24,902,758
Expenses$21,164,745
Annual surplus $3,738,013 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$24,902,758
Expenses$21,164,745
Assets$533,936,060
Contributions$205,000
Stocks and bonds$191,635,553
Accounting fees$175,869
Investing fees$25,370
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
RAY HULLCEO/TREASURER · 40 hrs/week $1,275,779Base $1,055,275 · Other $220,504
JIM PHILLIPSEVP · 40 hrs/week $742,553Base $482,305 · Other $260,248
KRIS TRAINORCFO · 40 hrs/week $435,375Base $362,352 · Other $73,023
JAMES RICHARDSVP OF MORTGAGES · 40 hrs/week $319,577Base $258,226 · Other $61,351
TIM PLESSCHIEF TECHNOLOGY OFFICER · 40 hrs/week $242,028Base $210,772 · Other $31,256
JOHN PURDYCHIEF LENDING OFFICER · 40 hrs/week $240,826Base $218,767 · Other $22,059
BARRY GRIFFINVP BRANCH SERVICES · 40 hrs/week $239,515Base $194,412 · Other $45,103
KEITH SALTZMANSENIOR DATA ANALYST · 40 hrs/week $204,594Base $176,251 · Other $28,343
SHANNON MESEROLEVP RISK MANAGEMENT · 40 hrs/week $168,096Base $152,860 · Other $15,236
STEVEN RICHARDSONHR DIRECTOR · 40 hrs/week $149,941Base $127,408 · Other $22,533
CHRIS RECHTORISVP SR REGIONAL MKT MGR · 40 hrs/week $134,021Base $115,900 · Other $18,121
JARED THOMPSONVP SR REGIONAL MKT MGR · 40 hrs/week $133,039Base $111,479 · Other $21,560

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

RAY HULLCEO/TREASURER

JIM PHILLIPSEVP

KRIS TRAINORCFO

JAMES RICHARDSVP OF MORTGAGES

TIM PLESSCHIEF TECHNOLOGY OFFICER

JOHN PURDYCHIEF LENDING OFFICER

BARRY GRIFFINVP BRANCH SERVICES

KEITH SALTZMANSENIOR DATA ANALYST

SHANNON MESEROLEVP RISK MANAGEMENT

STEVEN RICHARDSONHR DIRECTOR

CHRIS RECHTORISVP SR REGIONAL MKT MGR

JARED THOMPSONVP SR REGIONAL MKT MGR

KAREN NIXDATA ANALYST

MORRIS KELLYCHAIRMAN

RANDY HOBBSDIRECTOR

MICHAEL FORANDIRECTOR

JOHN RICK HALBERTSECRETARY

WILTON MARCHMANVICE CHAIR

ROBERT MATTHEWSDIRECTOR

About this charity

Location
PO BOX 1509, FAYETTEVILLE, GA 30214
County
Fayette
In care of
KRIS TRAINOR
Primary officer
KRIS TRAINOR, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
MAULDIN & JENKINS LLC

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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